Technology -
Computer Hardware - NASDAQ - US
$ 8.325
4.45 %
$ 872 M
Market Cap
-9.15
P/E
1. INTRINSIC VALUE
Balance Sheet
Corsair Gaming, Inc.
| Current Assets | 712 M |
| Cash & Short-Term Investments | 176 M |
| Receivables | 253 M |
| Other Current Assets | 283 M |
| Non-Current Assets | 646 M |
| Long-Term Investments | 0 |
| PP&E | 68.5 M |
| Other Non-Current Assets | 577 M |
| Current Liabilities | 418 M |
| Accounts Payable | 240 M |
| Short-Term Debt | 21.9 M |
| Other Current Liabilities | 157 M |
| Non-Current Liabilities | 245 M |
| Long-Term Debt | 225 M |
| Other Non-Current Liabilities | 20.4 M |
EFFICIENCY
Earnings Waterfall
Corsair Gaming, Inc.
| Revenue | 1.46 B |
| Cost Of Revenue | 1.1 B |
| Gross Profit | 360 M |
| Operating Expenses | 351 M |
| Operating Income | 9.69 M |
| Other Expenses | 6.5 M |
| Net Income | 3.19 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Corsair Gaming, Inc.
| Net Income | 3.19 M |
| Depreciation & Amortization | 50.7 M |
| Capital Expenditures | -12.8 M |
| Stock-Based Compensation | 30.9 M |
| Change in Working Capital | 10.7 M |
| Others | -51.4 M |
| Free Cash Flow | 76.4 M |
Wall Street Analysts Price Targets
Corsair Gaming, Inc.
Wall Street analysts predict an average 1-year price target for CRSR of $13.2 , with forecasts ranging from
a
low of
$8 to a high of $28 .
CRSR Lowest Price Target
Wall Street Target
8 USD
-3.90%
CRSR Average Price Target
Wall Street Target
13.2 USD
58.56%
CRSR Highest Price Target
Wall Street Target
28 USD
236.34%
4. DIVIDEND
ANALYSIS
CRSR does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Corsair Gaming, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
20.1 K USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
6 months ago
Jul 05, 2024
|
Sell 20.1 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 1947
|
10.33 USD |
|
1 year ago
Jan 08, 2024
|
Sell 53.7 K
USD
|
La Thi L
President & COO
|
- 3837
|
14 USD |
|
1 year ago
Sep 15, 2023
|
Sell 150 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
15.03 USD |
|
1 year ago
Jul 03, 2023
|
Sell 77.6 K
USD
|
La Thi L
President & COO
|
- 4387
|
17.6854 USD |
|
1 year ago
Jun 01, 2023
|
Sell 195 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
19.4813 USD |
|
1 year ago
Jun 02, 2023
|
Sell 200 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
20 USD |
|
1 year ago
May 18, 2023
|
Sell 200 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
20 USD |
|
1 year ago
May 16, 2023
|
Sell 77.3 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 4088
|
18.9 USD |
|
1 year ago
Apr 03, 2023
|
Sell 90.7 K
USD
|
La Thi L
|
- 5000
|
18.1424 USD |
|
1 year ago
Mar 01, 2023
|
Sell 172 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 10000
|
17.2351 USD |
|
2 years ago
Jan 04, 2023
|
Sell 70 K
USD
|
La Thi L
President & COO
|
- 5000
|
14 USD |
|
2 years ago
Jan 04, 2023
|
Sell 49.8 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 3585
|
13.8841 USD |
|
2 years ago
Nov 15, 2022
|
Bought
35 M USD
|
Corsair Group (Cayman), LP
Director
|
+ 2121212
|
16.5 USD |
|
2 years ago
Nov 15, 2022
|
Bought
35 M USD
|
Bagaria Anup
Director
|
+ 2121212
|
16.5 USD |
|
2 years ago
Nov 15, 2022
|
Bought
35 M USD
|
MAJOROS GEORGE L. Jr.
Director
|
+ 2121212
|
16.5 USD |
|
2 years ago
May 11, 2022
|
Bought
580 K USD
|
Szteinbaum Samuel R.
director:
|
+ 40000
|
14.5 USD |
|
3 years ago
Jul 01, 2021
|
Sell 247 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 7500
|
32.9772 USD |
|
3 years ago
Jun 14, 2021
|
Sell 2.7 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 68400
|
39.43 USD |
|
3 years ago
Jun 14, 2021
|
Sell 16.5 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 433001
|
38.19 USD |
|
3 years ago
Jun 14, 2021
|
Sell 13.9 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 372302
|
37.3 USD |
|
3 years ago
Jun 14, 2021
|
Sell 51.1 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 1413808
|
36.17 USD |
|
3 years ago
Jun 15, 2021
|
Sell 7.6 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 203771
|
37.31 USD |
|
3 years ago
Jun 15, 2021
|
Sell 8.02 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 229218
|
35 USD |
|
3 years ago
Jun 14, 2021
|
Sell 2.7 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 68400
|
39.43 USD |
|
3 years ago
Jun 14, 2021
|
Sell 16.5 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 433001
|
38.19 USD |
|
3 years ago
Jun 14, 2021
|
Sell 13.9 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 372302
|
37.3 USD |
|
3 years ago
Jun 14, 2021
|
Sell 51.1 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 1413808
|
36.17 USD |
|
3 years ago
Jun 15, 2021
|
Sell 7.6 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 203771
|
37.31 USD |
|
3 years ago
Jun 15, 2021
|
Sell 8.02 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 229218
|
35 USD |
|
3 years ago
Jun 14, 2021
|
Sell 2.7 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 68400
|
39.43 USD |
|
3 years ago
Jun 14, 2021
|
Sell 16.5 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 433001
|
38.19 USD |
|
3 years ago
Jun 14, 2021
|
Sell 13.9 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 372302
|
37.3 USD |
|
3 years ago
Jun 14, 2021
|
Sell 51.1 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 1413808
|
36.17 USD |
|
3 years ago
Jun 15, 2021
|
Sell 7.6 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 203771
|
37.31 USD |
|
3 years ago
Jun 15, 2021
|
Sell 8.02 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 229218
|
35 USD |
|
3 years ago
Jun 14, 2021
|
Sell 7.29 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 186467
|
39.0874 USD |
|
3 years ago
Jun 14, 2021
|
Sell 9.01 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 222911
|
40.4385 USD |
|
3 years ago
Jun 14, 2021
|
Sell 4.07 M
USD
|
Chevalier Bertrand
EVP of Gaming Products
|
- 100000
|
40.7 USD |
|
3 years ago
Jun 03, 2021
|
Sell 2.22 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 63533
|
35.003 USD |
|
3 years ago
Jun 03, 2021
|
Sell 2.22 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 63533
|
35.003 USD |
|
3 years ago
Jun 03, 2021
|
Sell 3.5 M
USD
|
La Thi L
See Remarks
|
- 100000
|
35 USD |
|
3 years ago
Jun 03, 2021
|
Sell 159 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 5000000
|
31.87 USD |
|
3 years ago
Jun 03, 2021
|
Sell 159 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 5000000
|
31.87 USD |
|
3 years ago
Jun 03, 2021
|
Sell 159 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 5000000
|
31.87 USD |
|
3 years ago
Jun 01, 2021
|
Sell 239 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 7500
|
31.8458 USD |
|
3 years ago
Jun 03, 2021
|
Sell 262 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 7500
|
35 USD |
|
3 years ago
May 18, 2021
|
Sell 4.13 M
USD
|
Chevalier Bertrand
EVP of Gaming Products
|
- 125000
|
33.0033 USD |
|
3 years ago
May 10, 2021
|
Sell 246 K
USD
|
Potter Michael G
Chief Financial Officer
|
- 7500
|
32.8495 USD |
|
3 years ago
May 06, 2021
|
Sell 3.26 M
USD
|
La Thi L
Chief Operating Officer
|
- 100000
|
32.643 USD |
|
3 years ago
Apr 09, 2021
|
Bought
1 M USD
|
WEISENBURGER RANDALL J
Director
|
+ 58823
|
17 USD |
|
4 years ago
Sep 25, 2020
|
Bought
1 M USD
|
WEISENBURGER RANDALL J
Director
|
+ 58823
|
17 USD |
|
3 years ago
Jan 26, 2021
|
Sell 289 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 8260000
|
35 USD |
|
3 years ago
Jan 26, 2021
|
Sell 289 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 8260000
|
35 USD |
|
3 years ago
Jan 26, 2021
|
Sell 8.75 M
USD
|
Paul Andrew J.
Chief Executive Officer
|
- 250000
|
35 USD |
|
3 years ago
Jan 26, 2021
|
Sell 289 M
USD
|
MAJOROS GEORGE L. Jr.
Director
|
- 8260000
|
35 USD |
|
3 years ago
Jan 26, 2021
|
Sell 289 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 8260000
|
35 USD |
|
3 years ago
Jan 26, 2021
|
Sell 3.5 M
USD
|
La Thi L
See Remarks
|
- 100000
|
35 USD |
|
4 years ago
Oct 09, 2020
|
Sell 19.3 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 1135375
|
17 USD |
|
4 years ago
Oct 09, 2020
|
Sell 19.3 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 1135375
|
17 USD |
|
4 years ago
Oct 09, 2020
|
Sell 19.3 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 1135375
|
17 USD |
|
4 years ago
Sep 22, 2020
|
Sell 110 M
USD
|
MAJOROS GEORGE L. Jr.
director, 10 percent owner:
|
- 6500000
|
17 USD |
|
4 years ago
Sep 22, 2020
|
Sell 110 M
USD
|
Corsair Group (Cayman), LP
10 percent owner
|
- 6500000
|
17 USD |
|
4 years ago
Sep 22, 2020
|
Sell 110 M
USD
|
Bagaria Anup
director, 10 percent owner:
|
- 6500000
|
17 USD |
7. News
CORSAIR and ORIGIN PC Deliver AI-Powered Microservices for Enthusiasts and Creators with NVIDIA NIM on RTX PCs
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) is proud to announce , during the 2025 CES in Las Vegas, that the latest CORSAIR and ORIGIN PC systems, powered by NVIDIA GeForce RTX™ 50 Series GPUs, are fully equipped to support NVIDIA NIM microservices, with these groundbreaking services set to become available later in 2025. Powered by NVIDIA Blackwell, GeForce RTX 50 Series GPUs bring game-changing capabilities to gamers and creators. Equipped with a massive level of AI horsepower.
businesswire.com
- 1 week ago
Corsair Gaming to Present at Barclays 22nd Annual Global Technology Conference
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance gear for gamers, streamers, content-creators, and gaming PC builders, today announced it will present to institutional investors at Barclays 22nd Annual Global Technology Conference, at The Palace Hotel, San Francisco. A live fireside webcast with management will be available through Corsair's Investor Relations website at 8:40 a.m. Pac.
businesswire.com
- 1 month ago
CORSAIR Unveils Exclusive, Award-Winning K65 PLUS WIRELESS Keyboard and M75 WIRELESS Gaming Mouse Colorways for Mac
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR), a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts, today announced that the award-winning K65 PLUS WIRELESS keyboard and the M75 WIRELESS mouse will be available in exclusive Glacier Blue and Frost colors for the Mac®. Whether playing games on a desktop or a laptop, users will enjoy unrivaled design, quality, and performance. Both products are available.
businesswire.com
- 2 months ago
Corsair Gaming to Present at 2024 UBS Global Technology Conference
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance gear for gamers, streamers, content-creators, and gaming PC builders, today announced it will present to institutional investors at the 2024 UBS Global Technology Conference, at The Phoenician Hotel in Scottsdale, Arizona. Michael G. Potter, Corsair's Chief Financial Officer, and Ronald van Veen, Vice-President Finance, Investor Relatio.
businesswire.com
- 2 months ago
Corsair Gaming: Fanatec To Refuel Growth After Weak Q3
Corsair Gaming's Q3 results again showed incredibly weak component sales in anticipation of NVIDIA's 50-series GPUs, and a strong peripherals performance wasn't enough to offset the earnings loss from components. The acquisition of Fanatec seems strategically sound, coming in at a cheap price tag and high-growth potential. Fanatec's margin potential remains uncertain, though. The CRSR stock has some upside, but again falls within a margin of safety due to remaining short-term uncertainties.
seekingalpha.com
- 2 months ago
Corsair Gaming, Inc. (CRSR) Q3 2024 Earnings Call Transcript
Corsair Gaming, Inc. (CRSR) Q3 2024 Earnings Call Transcript
seekingalpha.com
- 2 months ago
Corsair Gaming to Report Q3 2024 Financial Results on November 6
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--Corsair Gaming, Inc. (Nasdaq: CRSR) (“Corsair” or the “Company”), a leading global provider and innovator of high-performance gear for gamers, streamers, content-creators, and gaming PC builders, today announced it will release its third quarter 2024 results and financial outlook after the Nasdaq close on Wednesday, November 6, 2024, with its management hosting a conference call to discuss results at 2:00 p.m. Pacific Time that same day. The 2:00 p.m. Pacific.
businesswire.com
- 2 months ago
Corsair Gaming: May Be Worth A Second Look, A 'Buy' From Me
Corsair Gaming's valuation is currently depressed, presenting a potential buying opportunity as the company is expected to benefit from upcoming product release cycles in 2025. Despite its cyclical earnings and lack of dividends, Corsair's low debt, market position, and growth potential make it a speculative "Buy" at $8/share. The gaming peripheral market remains strong, with Corsair's innovative products and brand loyalty driving future demand, especially with new game releases.
seekingalpha.com
- 3 months ago
CORSAIR Launches High-Performance Products in Multi-Year, Cross Brand Collaboration with Call of Duty®
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR), a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts, has begun to release the first products in its multi-year, full cross-brand collaboration with the critically acclaimed Call of Duty franchise. This powerful new integration sees two of the world's best-known gaming brands come together for the first time with the collaboration extending across multiple.
businesswire.com
- 3 months ago
Corsair Closed Acquisition of the Fanatec Product Line from Endor AG; Moves into Sim Racing's Pole Position
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (Nasdaq: CRSR) announced today it has closed its acquisition of the Fanatec Sim Racing brand and all associated personnel, in an asset purchase from Endor AG, creating a leading end-to-end premium Sim Racing product line. The Fanatec Sim Racing product line is known for setting the gold standard for excellence in force feedback steering wheels and wheelbases, pedals, shifters and other accessories for PlayStation, Xbox, and PC-based racing simulators,.
businesswire.com
- 3 months ago
CORSAIR Announces Exclusive Multi-Year, Cross Brand Partnership with Call of Duty® Franchise
MILPITAS, Calif.--(BUSINESS WIRE)---- $CRSR--CORSAIR® (NASDAQ:CRSR), a leading global developer and manufacturer of high-performance gear and technology for gamers, content creators, and PC enthusiasts, has announced an exclusive multi-year, full cross-brand partnership with the critically acclaimed Call of Duty® franchise. This powerful new integration sees two of the world's best-known gaming brands come together for the first time. The collaboration will include several Call of Duty titles, beginning.
businesswire.com
- 4 months ago
Corsair Gaming to Acquire Fanatec Sim Racing Brand, Stock Up
CRSR is set to boost its product range and expand market reach with the acquisition of the Fanatec Sim Racing brand, located in Germany.
zacks.com
- 4 months ago
8. Profile
Summary
Corsair Gaming, Inc. CRSR
COUNTRY
US
INDUSTRY
Computer Hardware
MARKET CAP
$ 872 M
Dividend Yield
0.45%
Description
Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB microphones, studio accessories, and EpocCam software. It also provides gaming components and systems comprising power supply units, cooling solutions, computer cases, and DRAM modules, as well as prebuilt and custom-built gaming PCs, and others; and PC gaming software comprising iCUE for gamers and Elgato's streaming suite for streamers and content creators. In addition, the company offers coaching and training, and other services. It sells its products through a network of distributors and retailers, including online retailers, as well as directly to consumers through its website. The company was incorporated in 1994 and is headquartered in Fremont, California. Corsair Gaming, Inc. is a subsidiary of Corsair Group (Cayman), LP.
Contact
47100 Bayside Parkway, Fremont, CA, 94538
https://www.corsair.com
IPO
Date
Sept. 23, 2020
Employees
2387
Officers
Ms. Thi L. La
President, Chief Operating Officer & Director
Julian Fest
Senior Vice President of Streaming Products
Mr. Bertrand Chevalier
Executive Vice President of Gaming Products
Mr. Michael Buchanan
Senior Vice President of Worldwide Sales
Mr. Ronald Van Veen
Vice President of Finance & Investor Relations
Mr. Matthew Hsu
Senior Vice President of System Products
Ms. Carina M. Tan J.D.
Vice President & General Counsel
Mr. Peter E. Hilliard
Chief Human Resources Officer
Mr. Andrew J. Paul
Co-Founder, Chief Executive Officer & Director
Mr. Michael G. Potter
Chief Financial Officer & Principal Accounting Officer